Join us for our installment of the Pacesetters Doing Business series featuring Point32Health on August 29, 2024.
08/29/2024
3:00pm - 4:00pm
Virtual
Join us to hear from remarkable Latinas who have overcome unique hurdles to achieve success in their careers.
09/11/2024
4:00pm - 5:30pm
PwC
The Fierce Urgency of Now Festival brings Boston’s diverse young professionals together with business leaders, organizations, and their peers to build connection, advance careers and ignite positive change.
09/14/2024 -
09/17/2024
Suffolk University
Go deeper than basic DEI training to achieve higher productivity, satisfaction, and revenue growth with our new corporate workshop.
Join our Transformational DEI Certificate! Our comprehensive learning & development offerings are designed to connect and grow strong leaders who lead both inside and out of the office.
Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.
Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.
City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.
We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).
BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.
For 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.
The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.
We support small business through public policy initiatives, events designed to connect small businesses in Greater Boston to their peers and established business leaders, professional development offerings, and free small business advising.
Explore our mission and values to better understand how we are leading the business community forward.
Our member directory is your resource to discover, connect, and engage with Boston’s businesses from every industry and sector.
Emerging technology as well as Cloud and Security will remain vital for companies to remain successful
If organizations in Boston are not able to recruit the required tech talent by the end of 2021, almost half (45 percent) will not be able to innovate at the same pace, one in four will not be able to reach their growth objectives, and one in five will lose their competitiveness. This is according to a new survey from Accenture and the Greater Boston Chamber of Commerce, which is based on the responses of 100 companies in the Boston area, with at least $500 million in yearly revenue.
Fortunately, 93 percent of respondents are confident that they can find the tech talent they need in order to remain successful. And most respondents (54 percent) are exclusively recruiting tech talent in Boston to leverage the deep talent pool in the area. However, local companies could improve retaining local talent for a longer period. The survey found that while 72 percent of local tech talent typically remain in Boston for four years, only 25 percent stay for eight years or more.
“The demand for technology talent in Boston shows that the city’s continued investment in the technology ecosystem is paying off,” said Pallavi Verma, Senior Managing Director & Boston Office Lead, Accenture and a member of the Greater Boston Chamber of Commerce Board of Directors. “However, we need to do more in order to retain the talent that comes to Boston for their educations and to start their careers – a commitment on more diversity efforts is a great first step for our local tech ecosystem.”
The survey found the top three ways Boston companies could improve to attract tech talent are:
“Technology is foundational to our region’s economic competitiveness. For the benefit of our employers and the workforce, we must prioritize technological innovation and diverse tech talent. Greater Boston’s future and our economic recovery depends on our leadership as a national technology hub,” said James E. Rooney, President & CEO at the Greater Boston Chamber of Commerce.
Emerging technology: big priority for Boston companies
The potential revenue increases local executives predict to see from investing in emerging technologies (like artificial intelligence, blockchain and quantum computing) is encouraging – in fact, many respondents expect to see a 20 percent increase in revenue over the next three years. And companies expect to see an increase of 24 percent increase in their budgets tied to emerging technologies over this year.
Cloud and Security Technologies remain important
Two out of three companies agreed that cloud technologies are extremely important for their business and 66 percent agree that cybersecurity is extremely important to their success over the next three years. When asked about future technology budgets from 2020 to 2021, cybersecurity saw the highest spend increase at 28 percent increase and cloud technology investment also saw a surge, with a 25 percent increase.
About Accenture:
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
About the Greater Boston Chamber of Commerce
We are the convener, voice, and advocate of our region’s business community, committed to making Greater Boston the best place for all businesses and all people to thrive. We help our members and Greater Boston succeed by convening and connecting the business community; researching, developing and advocating for public policies that contribute to our region’s economic success; and providing comprehensive leadership development programs designed to grow strong business and civic leaders. Learn more at BostonChamber.com.
Casey Baines
Director, Policy & Communications
[email protected]617-557-7320
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